Is the Yield Curve Still an Important Indicator?
- The bounce in Nvidia from its overnight lows is raising the odds that the “rotation” trade can continue as we move into (and past) the Labor Day weekend.
- The yield curve is on the cusp of steepening back into positive territory. If/when it does, that’s when we’re really find out if it is still a useful tool in predicting recessions or not.
This post is for subscribers on the Before the Open and All-Access tiers only
Try 14 Days FreeAlready have an account? Sign in